Settings8H · net · $10k
Funding arb · Price arb /

APT

all APT markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +11.0% APRpaid last 24h +0.030%
Price spread now: Coinbase International against BloFin+0.158%7-day average +0.104% · you sell dearer than you buy
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$950.955% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.179%+$18 on $10k
Price spread, last 4 days (all we have)−0.047%−$5 · spread now +0.158%, 7d avg +0.104%
Together, before fees+0.131%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.054% dearer against BloFin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.104%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin APT-USDT0.76080.0220pay 0.0220% / 8h2h 35m$1.4M$972K75x
ShortCoinbase International APT-PERP-INTX0.76200.0320get 0.0040% / 1h35m 19s$219K$459K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21
Price spread: +0.158% → +0.104%
$5.39
Slippage, 4 orders
−$73.47
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$69.08
Costs to cover
0.955%
Break-even
30.0 days
Slippage from BloFin: live order book, 2 min ago; Coinbase International: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago1.32 bp11.3 bp −$1114.7 bp −$14744.7 bp −$4,471doesn't fit
Sell Coinbase International live order book, 13 min ago11.82 bp23.3 bp −$23doesn't fitdoesn't fitdoesn't fit

APT on 30 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
gTrade (Gains Network) APT/USDL −0.0004% / S +0.0005%1h0.76080.000%$20K150xas long as short
Variational Omni APT+0.0007%8h0.7588−0.259%$506K$416Kas long as short
Deribit APT_USDC-PERPETUAL+0.0013%1h0.7612+0.053%$16K$567K50xas long as short
Orderly PERP_APT_USDC+0.0017%8h0.7610+0.026%$10K$7K10xas long as short
Injective APT/USDC PERP+0.0033%1h0.7780+2.261%$2K$240K12xas long as short
Lighter APT+0.0096%1h0.7605−0.039%$406K$425K10xas long as short
Hyperliquid APT+0.0100%1h0.7612+0.053%$4.9M$6.3M10xas long as short
Aster APTUSDT+0.0100%8h0.7610+0.033%$93K$961K20xas long as short
Binance APTUSDT+0.0100%8h0.7610+0.033%$27.5M$107.4M75xas long as short
Bybit APTUSDT+0.0100%8h0.7599−0.118%$27.0M$41.2M50xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
OKX APT-USDT-SWAP+0.0100%8h0.7595−0.171%$5.7M$25.3M50xas long as short
Gate APT_USDT+0.0100%8h0.7606−0.026%$2.6M$5.1M75xas long as short
MEXC APT_USDT+0.0100%8h0.7609+0.013%$30.0M$15.2M200xas long as short
KuCoin APTUSDTM+0.0100%8h0.7603−0.066%$4.9M$12.1M50xas long as short
Bitget APTUSDT+0.0100%8h0.7607−0.013%$8.6M$13.2M75xas long as short
BingX APT-USDC+0.0100%8h0.76080.000%$6.5Mas long as short
Backpack APT_USDC_PERP+0.0100%1h0.76080.000%$189K$360K20xas long as short
ApeX Omni APTUSDT+0.0100%1h0.7570−0.499%$60K$581K50xas long as short
SunX APT-USDT+0.0100%8h0.7601−0.092%$5K$1.5M20xas long as short
SoDEX APT-USD+0.0100%1h0.7609+0.013%$98$6K5xas long as short
HTX APT-USDT+0.0100%8h0.7609+0.013%$249K$149K50xas long as short
Extended APT-USD+0.0104%1h0.7607−0.010%$80K$581K25xas long as short
Aevo APT-PERP+0.0104%1h0.7611+0.037%$28K$5K3xas long as short
GMX APT/USD [ETH-USDC]L +0.0136% / S −0.0090%1h0.7615+0.096%$16K100xas long as short
Kraken Futures PF_APTUSD+0.0218%1h0.7600−0.099%$527K$625K50xas long as short
BloFin APT-USDTlong+0.0220%8h0.7608long leg$1.4M$972K75x
Coinbase International APT-PERP-INTXshort+0.0320%1h0.7620+0.158%$219K$459K50x
Reya APTRUSDPERP+0.0492%1h0.7610+0.031%$3K20xas long as short
dYdX APT-USD+0.0793%1h0.7616+0.103%$53K$6K10xas long as short
01 Exchange APTUSD+0.6752%1h0.7724+1.525%$2K5xas long as short